If you buy 250k options then you have the option at any point in time to strike/convert them into shares at 2c a pop into a full share (ESH).
So if you were to convert the options it would be $5,000 regardless of the SP which the money of the options will go to Mogul's bank account.
So less than 2c you are in theory better of buying shares on market however if the SP was to be 2c+ then you are better with the option strike.
So IF the SP was 10c instead of getting 50,000 shares on market you have the option to convert the 250k options for that 5k and have 250,000 shares (obviously have excluded the ESHOA buy price).
DYOR and not financial advice just explaining the situation to my understanding.
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10 | 891523 | 0.014 |
6 | 466999 | 0.013 |
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